Alibaba’s Hong Kong-based corporate venturing fund will be the cornerstone investor in a vehicle focusing on startups connected to the GBA ecosystem.

The BCC and SIG-backed news aggregator was valued at about $550m in a round led by technology investment firm Vy Capital.

Greenhouse gas monitor GHGSat boosted a Schlumberger-backed round to $45m while Toyota’s Woven Planet subsidiary is buying spatial intelligence software developer Carmera.

The corporate-backed mobile payments app’s parent company, One97 Communications, has filed to float in an offering set to include $1.1bn of existing share sales.

MS&AD Holdings has put up an additional $80m for its corporate venture capital vehicle, two years after tripling its original commitment.

The semiconductor contract manufacturer’s Restar-SBI Innovation fund will focus on developers of digitalisation and healthcare technologies.

FedEx Express has provided the shipping and logistics service provider with fresh funding which will boost its pick-up and delivery services across India.

Hive Ventures has secured Mitac-Synnex Group, Unitech Electronics and GMI Technology as limited partners in its $13.5m maiden fundraise and may launch a second fund next year.

Clean medicine developer Genexa roped in Unilever for its $60m series A round while Krafton led storytelling platform developer Pratilipi's $48m series D.

Booking Holdings-backed online travel services provider Yanolja has raised capital from SoftBank Vision Fund 2 ahead of a planned initial public offering.